303 Guy Street
Cornwall, ON
- 6 bed
- 2 bath
- approx. 1500-2000 sqft
- Detached
- 146 days on market
Cash-flowing investment opportunity! Fully occupied and generating $50,148 in annual gross rental income, this turnkey investment property delivers immediate cash flow from closing. With six furnished rental rooms currently producing $4,179 per month, approximately $16,311 in annual operating expenses, and an estimated Net Operating Income of $33,837 per year (before owner-specific expenses), this is an outstanding opportunity for investors seeking reliable, proven returns. Designed for consistent rental demand, the property features six furnished bedrooms, two full bathrooms, spacious shared living areas, and a beautifully renovated kitchen completed in 2024. Recent improvements include a new front door and frame (2026), newer refrigerators, updated appliances, and numerous mechanical upgrades completed over recent years, making this a true turnkey investment. All six furnished rooms are currently rented, with monthly rents ranging from $665 to $717. The seller advises there has been only one month of vacancy since April 2024, demonstrating strong occupancy and consistent rental performance. Whether you're expanding your investment portfolio or purchasing your first income property, this is a rare opportunity to acquire a well-maintained, income-producing asset with immediate cash flow.
Listing Details
- Taxes (2025)
- $2,139
- Listed
- April 24, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Carpet Free
- Lot Size
- 29.5 x 55 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Walton and Guy Street
- Parcel Number
- 601540339
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Stove, 2 Fridges, Dryer, Washer, Dishwasher, Hood Fan
- Exclusions
- Tenants Belonging
- Rental Items
- Water heater $70/month +tax (approximately 840/year); Furnace/AC $72.75/month +tax (approximately $873/year). Buyer to assume rental contracts if applicable.(Buyouts as of OCT2025 Water heater 1,263+tax, Furnace/AC 1263+tax)
Schools
Secondary
- École secondaire catholique La Citadelle0.5 km
French Catholic · CSDC de l'Est ontarien · 465 students
Grade 10 literacy: 92% met the provincial standard
- École secondaire publique L'Héritage0.6 km
French public · CÉP de l'Est de l'Ontario · 195 students
Grade 10 literacy: 95% met the provincial standard
- St Lawrence Secondary School1.2 km
Public · Upper Canada DSB · 505 students
Grade 10 literacy: 53% met the provincial standard
Elementary
- École élémentaire publique L'Héritage0.7 km
French public · CÉP de l'Est de l'Ontario · 125 students
- École intermédiaire catholique La Citadelle0.7 km
French Catholic · CSDC de l'Est ontarien · 195 students
- St Lawrence Intermediate School1.2 km
Public · Upper Canada DSB · 205 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K6H
- Population
- 30,440
- Private dwellings
- 14,112
- Median age
- 46
- Average household size
- 2.2
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Cornwall · last 12 months
- Median sold price
- $405,000
- Homes sold
- 679
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 679 recorded sales of residential freehold properties in Cornwall over the last 12 months.
Listed by
REAL BROKER ONTARIO LTD., BROKERAGE
Walk Score
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Location
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Mortgage Calculator
$74,000
Estimated Monthly Payment
$1,818
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,818/mo (20% down, 5.5%)
Taxes: $178/mo · Insurance: $93/mo
Estimates only. Consult a financial advisor.
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